News Details
Manor ceases trading after no buyer is found
The Manor Formula 1 team has ceased trading, its administrators have confirmed, after no buyer was found for the operation ahead of the 2017 season. Manor’s parent company, Just Racing Services Limited, was placed into administration on January 6, though the search continued to find a buyer for the team, which finished at the foot of the 11-team championship in 2016. Negotiations continued with 'a number of interested parties', while funding was secured to enable staff to be paid until the end of January. However, administrators FRP Advisory announced on Friday that its search for a new buyer had been unsuccessful and that the team had ceased trading, with all staff sent home...
Full Story »
Full Story »
8y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Manor ceases trading after no buyer found
The Manor Formula 1 team has ceased trading, its administrators have...
8y ago from MotorsportWeek.com
Manor fails to find buyer, ceases trading
– Just Racing Services Limited, the operating company of the Manor...
8y ago from GPUpdate.net
End of the road for Manor
The Manor Formula One team has ceased trading and a formal redundancy...
8y ago from GrandPrix247.com
Manor Formula One team ceases trading
The Manor Formula One team has ceased trading and a formal redundancy...
8y ago from SuperSport.com
Elsewhere On The Network
Popular On MGPToday.com
Honda test rider Takaaki Nakagami to replace Luca...
Honda test rider Takaaki Nakagami has been announced as a replacement for...
13h ago from MotorsportWeek.c...
Pirelli to hold first MotoGP test in Misano with test...
No description available...
1d ago from Motorsport.com
Watch: Motorsport takes a ride in the MotoGP safety car
No description available...
1d ago from Motorsport.com
Why Marc Marquez stressed his Ducati is identical to...
No description available...
5d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar breaks 1 million US TV viewers for third...
The NTT IndyCar Series is nearly through the first year with its new...
5h ago from MotorsportWeek.c...
After first oval win, does Kyle Kirkwood see himself...
No description available...
4h ago from Motorsport.com
Christian Rasmussen "not surprised" to earn...
No description available...
8h ago from Motorsport.com
Video: Harrowing crash takes out Josef Newgarden,...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
4d ago from Motorsport.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
1w ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal target two Premier League central defenders...
Arsenal have plenty to do in attack this summer, but they are still keen...
6h ago from FreshArsenal.com
Leipzig's Sesko price tag revealed amid Arsenal...
RB Leipzig want a deal worth somewhere between £68.4m (€80m)...
5h ago from SkySports.com
'I'd have him for sure' – Arsenal backed to sign...
Arsenal want to sign a new left winger this summer, and they have been...
7h ago from CaughtOffside.com
Arsenal hold genuine interest in Real Madrid star; Los...
Arsenal are reportedly keen to snap up Real Madrid attacker Rodrygo Goes....
5h ago from SportsKeeda.com
Comments
Hottest News
Red Bull chief Christian Horner tipped for seismic F1 team...
Red Bull’s team principal Christian Horner has... Read More »
10h ago from GPFans.com
Menswear Guy DESTROYS F1 drivers for red carpet...
The reviews are in. And they are not good. Not... Read More »
5h ago from GPFans.com
Tsunoda targets to build 'up the confidence and trust in...
Having failed to score any points for the third... Read More »
1h ago from F1Technical.net
